Month: April 2019

Ripple price corrected lower after trading as high as $0.3168 against the US dollar. The price traded below the $0.3100 level, but the $0.3070 level acted as a decent support. There was a break above a key bearish trend line with resistance at $0.3080 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to accelerate gains once bulls clear the $0.3120 resistance level in the near term. Ripple price remained well bids on Read more …

Canadian police have frozen assets owned by the founders of blockchain services company Vanbex, as part of a fraud investigation into a 2017 initial coin offering (ICO) that raised $22 million. According to court documents dated March 13, the company, led by Kevin Hobbs and Lisa Cheng, raised $30 million CAD (about $22 million) worth of fiat and cryptocurrency through the sale of a token called FUEL. Vanbex told investors that the token would be usable in a forthcoming smart contract system Read more …

ETH price corrected lower recently and tested the $39 support area against the US Dollar. The price found a strong buying interest near $139 and it recently bounced back. There was a break above a declining channel with resistance at $141 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading above the $142 level and it may continue to rise towards the $145 resistance. Ethereum price stayed above important supports against the US Dollar Read more …

The alpha version of the Usechain (USE) mainnet is now live, after more than one year in development. Usechain purports to be the first mirror identity blockchain project — but what does that even mean? Randomized Proof of Work According to Huining Cao, it’s all about Randomized Proof of Work (RPow). Cao told CNBC Africa’s Ran Neuner, according to a press release: We map each person to the blockchain using Mirror Identity Protocol(MIP), so that each person can only have Read more …